Online Access Free C_P2WFI_2023 Practice Test

On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

• A.Chart of depreciation
• B.Company code
• C.Client
• D.Chart of accounts

Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

• A.To highlight solve intercompany data discrepancy triggering a workflow
• B.To trigger elimination of intercompany revenues & costs based on rules configured
• C.To generate automatic elimination of intercompany AR/AP balances
• D.To generate automatic posting to correct intercompany discrepancy

Which fields are maintained on the chart of accounts level of a G/L account? Note: There are 3 correct answers to this question.

• A.Group account number
• B.Alternative account number
• C.Field status group
• D.Short text
• E.Account group

The 3-way match is the stard procedure used to post procurement transactions in SAP S/4HAN How does it work?

• A.The goods receipt needs to be created in reference to the purchase order.
• B.The 3 logistical steps each generate financial documents.
• C.The invoice needs to be created in reference to the goods receipt.
• D.The purchase order needs to be created in reference to a purchase request.

Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

• A.Business areas
• B.Document splitting
• C.Profitability segments
• D.Profit centers
• E.Segments